americans don't have a right to own guns. it's the illeg transportation from one state to the other that brings -- lou: he's behind this assault on the second amendment. you may no think it's a big deal. he, obviously, thinks it's a big deal. i think it's a constitution of the united states, and we need a billionaire with the sense of proporti to step back just because he's bored as mayor of new york city, get out of national politics with your money. that's going to have a repercussion that i don't think he's expecting. >> there's been others talking about this as well. i don't think anything's going to happen with this, you know, gun laws. i don't think even background checks will happen. there's not the will in washington to do it -- lou: the well in washington? hell, you can't trust the government to do anything whether you're talking about the

president or the congress or the senate, and the american people, 8% trust -- sorry, 26% of the american people trust the government, and i -- only thing i can figure out is they are absolutely enname moried by obama. >> who are the 26%? >> the people who don't know what ty are talking about. >> exactly. >> the truth of the matter is the mayor's into big size cokes, how many caloriesin fries, what have you when he ought to be on street safety. lou: i want mayor bloomberg, and if you are listening, if you ban cokes, salt, and all of tat, ban potholes for crying out loud. the city is riddled with potholes. ban the damn potholes. yes mep, thank you very much. i appreciate it. >> how do yo really feel? [laughter] lou: thanks for being with us. that's all for us tonight. coming up here tomorrow, former mississippi governor, rnc

chairman, haley barbuor joins us. be with us. good night from new york. ♪ neil: well, it won't make daryl hannah happy or robt kennedy, jr. happy, but i am because some opec sheiks re not happy. actually, nay are angry, not chain themselves to the white house fence angry, but close. if i had a choice between picking off yoko or, let's say these locos, no contest. i go for the loco. a world where i'm less indebted to them is a world that makes me tolerate, well, kind of that. ♪ every time i hear her sing, i just, ahhh!

anyway, i'm neil cavuto. don't look now, but sheiks hit the fan because we are fracking our way out from underheir thumbs, way out from under their thumb. opec sayys demand for oil is don in large part because our shale gas production is up, actually, way up, which might have daryl feeling down, but those who hate depending on cut throat oil guys feeling giddy or at least giddier. seems as if fracking seems finally to be making some fracking sense, and thas despite a presidents who limited what we can tap of our own energy resources here, but the boom from fracking makes this much very clear. it is ad goo day when it's the cartels whining about what we're doing and this time how it's costg them. anyway, just how bi a deal is this more than a little pinch for opec? let's ask sandra smith and phil

flynn. what do you think? >> they'll feel the pinch. this is going to be costly for them to the tune of citigroup has a drastic note in the month of february saying opec finds is challenging to last another 60 years. they are saying we have the abily to be energy independent in the next 20 years. they'veven on some of the analysts say in the next five to ten years based on the shale boom here in the united states. we have the ability, according to the intergnarl energy agency, to overtake saudi arabia, the kingpin of oil production for opec in the next five to ten years. neil: that is assuming we keep going with fracking. >> that is assuming the environmentalists don't get in the way or private business still has enough incentive to do this, and that the government doesn't get in the way. neil: phil flynn, this is not entirely fracking that's doing this, but it is a lot of it, and i'm wondering whether just the

publicizing the fact that we're hurting opec now is enough to get even a stubborn yoko ono to say, all right, maybe. >> actually, i thought that was niemi reading the latest report. that's what i thought it was. yeah, no, this is the end of the opec cartel. this is their swan song, neil, and they alienated their biggest customers over the years, and this will be a major thing. sandra's right. i give opec maybe ten years. this is the worst -- neil: to way. i love you dearly, but w forget about the fact -- by the way, this has been siged on before in the early 80s when oil and gas was cheaped. they survived that nicely. they have a way. >> they survived the 1990s because chavez came into power to help them adhere to cartels, but those days are over. neil, let me tell ya, when you have the biggest consumers of

diesel fuel in the yaits -- united states saying we're not buying your product in five to ten years, but going to natural gas, we don'ttneed your oil, that's going to be huge. when you have every major corporation in the world looking to the united states to rebuild factories because they lock in cheap natural gas, who needs opec oil? this is the most significant change in the energy industry obably in the last hundred years, and, by the way, this is the biggest jump in u.s. production probably since before the civil war. this is huge. neil: you guys are great. you cover it more than i do, but, sandra, i know this has been there many many, many times, and china and india and developing countries are on the ball here and get to be the dominant players they are and then some. that cares for the demand, and that's going to get back to the relatively limited supply advantage opec. >> let's not forget this is not just a production story. this is a demand story as well,

and because of this efficiency and developments over the last couple decades, we're looking at demand levels that could be dropping and jeopardizing opec. this is not just about our -- neil: my argument is the demand, eventually as the economy recovers, slowly recovers, that's going to go up. don't forget natural gas. it's becoming a very r v real threat. >> i don't have a lot of time to make good op a bet, bt i'll win this bet. phil, what could get in the win of your predictions? >> well, basically, the vernment's getting involved in fracking and going away from it, but, you know, i don't think the governments can get away from this. we have seen this in history before, neil. we go from cycles. remember the first time we had peak oil, a few years ago, nning out of oil; right? we talked about whale oil. the market builds a better mouse

trap, and right now, we are at the most significant juncture in u.s. energy. we're going to change the energy mix as we know it oing forward. how you thought about energy five years ago totally changed. neil: i don't kn. you have your own white puff of smoke you had today, i want to thank you, and speaking of the other big sry ofthe day, white smoke means, as you know by now, wehave a new pope, in fact, we have the first latin american pope putting a stamp on the notion that hispanics are general are not just a growing force, but a reflection of being a worldwide economic force, something newly elected pope francis himself joked about in the initial blessing. listen. glt looks like my brothers, the cardinals, went to find him at the end of the world almost, but here we are. neil: here we are indeed. almost the end of the world. this is the third nonitalian pope we've had in a row, but

this is the furtherrest the vatican traveled to find a successor for rome, and argentina, pope john ii, and so, of course, cardinal benedict 16th was from germany. they went a long way to get this guy. former u.s. secretary on the phone with now the commerce secretary, at the time, a frequt vistor to argentina, knnws this fellow well, knows the country well, and the growing movement and population well, and that's more than the name only. secretary, what did you think of this choice because people are just getting a hand l on this guy, and they are impressed with what they've come to find out. >> caller: of course, at first, very surprising, but on the one hand it's the personal pick. apparently he's really someone who is very special, humble,

simple, and just the kind of pope that can make -- can be legendary, and then -- neil: how do you know that, secretary? we don't know a lot, and you know the country certainly better than i do, he's skewed that came -- he lives in a simple apartment, he doesn't use a driver. he takes public transportation, so he does all the things that seem, you know, very, very true to the st. francis model and name he's chosen, but he's in the big leagues now, and the pressures could mount now. >> caller: yeah, and i think what people are thinking about is, you know, is he a reformer? is he going to change the church? will he just be another inspirational figure? at's the big question that the church neeeeds to answer, but, u know, argentina's one of the -- has one of the highest catholic populations in the world. latin america is thee greatest concentration of catholics in the world, so, you know, from

that standpoint, gee graffingly it makes sense. i hope it provides argentine ya with confidence. it punched below weight for too long. neil: i wonder, you know, we talked about as you, not only in office, but since and reminded folks a lot of times, that there is a huge hispanic influence beyond just the church, as we said, but in our economy, republicans found that out the hard way in politics. >> caller: yeah. neil: this is a demographic, not just a people, but amassing power at a rapid weight. how does he balance that out in what is still a very staid, almost rigid church hierarchy? >> caller: yeah, that will be his talent, exactly that balance. i'm sure they don't want catholicism to be viewed as hispanic or latin american

religion. he's going to have to reach out to the rest of the world where the church is losing followers, so i think that will be his big challenger, but it's a huge boost for lat tip america, and i think it's at the right time. i think this is a good time for countries like mexico, and this just adds confidence and confidence is good, you know, i think people have very destructive policies when the confidence is not there, and i think argentina, frankly, has gone through that. the parishioners and ever since. neil: i remember a country walked away from its debt to be a power house. times have changed. >> caller: 100 years ago, the fifth largest per capita income country in the world. neil: amazing. you know all these facts. i guessthat's ho you became a big deal. always a pleasure. >> caller: thank you, neil. neil: meanwhile, good new at the mall could maul your paycheck. why democrats could jump at more tax hikes.

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il: a new pope, a new record high. curious? the dow hit an all time high, 7th straight day, longest streak in 26 years. markets up, retail sales up, all of this despite taxes going up, and, today, democratic senator, patty murray announced a budget to ramp tax revenue even more up. would more tax hikes see all the good numbers crash down? let's ask. what do you think? >> well, yes, as wl spending cuts. i hope the u.k. austerity britain since 2010, tried to reduce the deficit, have by 5%, but looking at a triple dip

recession. the chief economists at imf said too much too soon. neil: austerity u put it on steroids. >> 80% cuts, 20% revenue increases, all wrong. america doesn't want to do that, but statement, focus on the deficit. neil: good point. gary, knowing what's going on, i don't want anyone here to worry we're onausterity ways. if you're concerned we'll repeat what the brits have done, fear not because nothing we've hinted at, the most draconian stuff talked about is just shaving off the increase in spending. i tried to disenvow americans of the fear we'll be another geece because nothing we do hints of austerity. >> you make an interesting point, neil, and -- >> i think it's more than interesting. >> well, i -- understated, obviously. neil: go ahead.

>> well, there's a couple things. even under paul ryan's budget, which he just came out with, i guess today, spending there increases 3 #-4% a year. spending's not cut or raibed in. the other point is we want to shift money from the private -ector to the public sector, and, yet, the boom years, under both reagan and clinton saw them reduce government spending as a percentage of the gdp. it was only george bush that things ramped up and things flat lined as they have since obama's been in office. neil: peter, what's to stop nip in the white house from looking at the markets, looking at the improvin economic status, not across the board, but enough of the board to feel we run the spending board, keep doing what we are doing because, obviously, it's working. look at those markets. what do you think? >> what's going to stop them is voters, for one thing, and house republicans fornother who

basically said they're not in the mood for any kind of tax hikes right now, and, you know, patty murray's budget raises about a trillion dollars, and all else being equal, raising tax revenue, you raise taxes crowds out private investment, but i want to offer a half defense of what she's doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it wasot across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicanwhich is their entitlement, if you will, defense. i think between the two maybe the hope. >> there's got to be hope,

extreme grand bargain and they meet in the middle. at the end of the day, president obama has eye on history, and he knows his legacy, he needs to get to deficit reduction. we know not all spending is created equal, some is dreadful, needs to go, cobin is good on wast-- neil: came up with $4 00 billion in defense. >> spend more in america than ten countries in combinedded. neil: america, we need you. >> it's not america's job to be -- neil: really? winston churchill, would be hard because he's dead, but you know what i mean. >> i do, but fundamentally, maybe they can meet in the middle because obama is looking at his legacy. neil: okay. gary, we could look at this and say is the administration by not going as aggressively on spending thing signaling we think we could grow out of this, and do you, a finer market minds

i know, see anything that would hint of that being the case because that's the only way you can get out, only cut so much, and if you really doneed to boom your way out of something like this. >> well, the only boom thing that i can see is, you know, and you talked about it in the earlier segment is the whole, energy fracking. if that takes off, kind of like the internet did in the late 90s, maybe we can grow our way out of it, but as long as government's growing at the rate it is now, every dollar we spend, send to government whether it's via tax cuts or closing loopholes s a dollar spent infirst timely, and i just -- inefficiently, and it's flat lining at best. neil: if we sputter back, and it's a point, peter, many have been concerned about, that we go back into something bad, and every market high ever achieved, and gary will probably know it better than i will, in fact,

definitely, is pong wat -- punctuated months later as horrible, and rather than celebrating right now, we should be worrying right now. >> that is always a worry that, you know, at any point that you reach a high you're going to slide back because the economy -- at some point then not do so well. that's one of the reasons why i think we ought to be focusing on cutting spending right now and not trying to pull so much out of the economy, which is a lot of what you see from democrats and from the white house right now, trying to pull a lot of revenue from the economy. >> 80/20. neil: what's a less erroneous, less crippling economy cutthat we could afford? >> i thi one way that we could look at this is to look at the experience of canada in the 1990s which did $5-$7 of

spending cuts for every $1 of tax hikes. they substantially reduced government spending and saw a boom as a result of it. neil: guys, thank you very much. we shall see. on this and other subjects, bill gates, founder of microsoft, second richest person on the planet, jos me on what he thinks of this tax talk, and the impact that tax hikes on charitable contributions and the rest. next, we have hank giving the governme a big spanking. greenberg on the 55 billion lawsuit, and why washington is the one bullying. the one bullying. he has the facts, figures, and at a dry cleaner, the one bullying. he has the facts, figures, and we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello?

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neil: the government's strong arming, maybe that's why aig is not suing. the minutes showing the treasury

department's lawyer saying, and i quote, the government will be your add adversary by signing oo the litigation. decisions could also lead to another wave of congressional investigations. man, that's scary, isn't it? no wonder aig is not joining the former ceo, hank greenberg's $55 billion class action suit against the government. the suit claims part of that bailout that was pushed in the middle of the meltdown was unconstitutional, and sloppy to say the least. greenberg is here and only here. now, we had your lawyer, david boyce, here yesterday arguing the case, and you have the e-mail, the exchanges, and the threats to make the case; right? >> absolutely. neil: what do you think? >> a lot of it will come out in discovery and in depositions, of course, but a lot of it is already in my book, all been

verified. we would not put anything in there that was not. there's many reasons why we've done that. one, it's unconstitutional, and that's wrong. neil: which you -- bring people up to speed on this. in the middle of the meltdown, you argued that onerous conditions put on ai unlike any otr institution rescued, rates at 50%, and further, that rescue money given to aig was, in fact, a piggy bank dole out -- through aig to others. >> that's correct. neil: treasury secretary at the time, hank paulson, said that was not the case, others argued that's not the case, and you still encysted it. >> oh, yeah, 60 billion out the back door, including foreign banks, the arab bank, 26% owned by libya. neil: how do you know it went right through >> >> because

there's been follow-up on that, and we know that. it's a fact. neil: why wouldn't aig sign on to this and say, hank's right, but i think your point with david is they -- if -- it's the eq part, they got a rescue, nevermind they didn't benefit, and it looks bad to sue. >> well, you can say that, bt the fact of the matter -- neil: that's what they said; right? >> look, th government can take what they want. they have to pay for it. you can't -- neil: what did they take advantage of? >> what did they take advantage of? first of all, the shareholders didn't vote for it. you're a shareholder, you're entitled to vote. neil: they wereunfairly screwed? >> yeah. neil: were others were not -- >> that's up to adat and do. neil: how were aig shareholders, and you're a big one, what was disproportioned about the way

you were hurt in >> first of all, many lost life savings including pension funds, including many aig employees who worked for 35-40 years to build the value of the company. we owed it to them to do something about this because it was not -- itwas an unlawful taking. no question aut that. that'll come out. neil: so when this first aim up that, you know, the appearance that it didn't look good or a company that benefited from a bailout to sue the people who provided the bailout, and you couldn't get past that, not fair in that argument, but that was the argument. >> yeah, but because there's many other things that could have been dope, okay? it didn't have to go the way that it went, but aig just did what happened. i mean, -- neil: woul't you look at it and say, we want in on this class action thing, hank is on a roll. we could benefit. >> why didn't ag do it?

neil: yeah. did because they ran an ad campaign before that thanking the u.s. governmt, but there's another issue here. why is it after they turned down following us in that that they sued the new york feds? they arenow suing the new york fed. ist that part of the government? neil: by the way, at the time, that was owned by a fellow named tim geithner. >> at that time. neil: at that time. let me talking about defense of even, made even illegal recue. that's your argument, that their are inelegant, sloppy, but in times like we were living then, it was money, get it out, prop them up, save them, anything, just to keep the financial system afloat. >> neil, yes, they could do that, okay? it's unlawful. they can do it. they have to pay for it. neil: they argued in the end the end justifies the means, however

sloppy and however wrong, however it may be illegal, the end result was aig is back, the financial system is back, the rescues worked. >> the government made $23 billion on that rescue. not exactly -- not exactly -- neil: how did it get up to 55 billion that you want? >> that's part of maiden lane too. neil: okay. meanwhile, you criss cross the globe. >> yes, sir. neil: travel like crazy. do you fly commercial or have several jets? >> no,not several. neil: china and its growth called into question now, the figures, hints of the slow wn, and things not going as well there. are you worried? >> well, neil, they are in the middle of a leadership change, okay? it happens every ten years. neil: yeah, but 10% growth is now just 8%. >> okay, that's terrible. neil: right. >> that's terrible. it's still pretty strong growth. neil: you don't doubt they'll continue to be --

>> they'll continue to be a strong growth country. it may not be 8.5 or 7, but it's still quite strong. i think, look, china is here to stay, the second largest economy in the world. we need to have a constructive relationship with them. it would be foolish not to. neil: second term, brack brk, going -- barack obama going to make much progress? >> in what? neil: anything. i hope we get the house in order on a balance sheet. neil: do you think that's going to happen? >> i have doubts. neil: yeah, i sre your doubt. always a pleasure, sir. >> always od to see you. neil: thank you very much. when we come back, remember when the president said this tuesday in >> we cannot and will not sustain deficits like these without end. we cannot spend as we please and defer consequences. neil: why what the president said today could pre what he sa that day or all the other

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ne: caught on tape and caught saying more things he might regret after saying we didn' have a problem, the president admitted this. >> my goal is not to chase a balanced budget just for the sake of balance. neil: reminding of us this. >> today, i pledge to cut the defit we inherited by half by the end of my first term in

office. ♪ neil: well, i ought to -- maybe me met go up by 50%. that's what happened. remember the health care problems? >> we'll keep from promise. if you like your doctor, you will be able to keep your doctor. you can keep your doctor. if you like your doctor or health care plan, you can keep it. if you've got a doctor that you likeyou will be able to keep your doctor. ♪ neil: anyway, we all know how all this turned out. pat had it with that. legendary singer and actor, pat boone. you warned about this and the mixed messages, not only he was sending, but democrats in general were sending on how serious they were about in and all of the issues, and now we're in some deep issues here. what happened? >> are you talking to me, neil?

neil: i am. >> thanks, good to be with you always. i like fox business news, by the way, and everybody ought to have it. if you want a spokesman, i'm your guy. neil: and a great singing voice. >> and i'll sing it for you. i find that the media, most of the media, is completely oblivious, and for that matter, a lot of people in congress don't know why mr. obama is doing and saying these things and contradicting themself, and as bob woodward pointed out, lying about them, lying about the sequester that was his idea. he's following his playbook, which is rules for radicals. this is the guy that trained him to be a community organizer, a marxist, a socialist, a progressive who wrote the rules for doing what mr. obama is dog. neil: we can have a different point of view. i assign many motives to him no

being the sharpest economic tool in the shed, probably the worst, i could say, and you're free to have your opinis on other stuff, but i say this, do you think that he has really sifted his hands, and whether the goal is not a balanced budget, and whether he said off the cuff to boehner we don't have a spending problem, and we hear the likes from pelosi, don't touch adjusting the ageof medicare or reid saying we're not putting entitlements on the table right now, that there's a pattern of behavior and remarks that seems to clearly put a limit on how much they tolerate in spending cuts which means no spending cuts? >> well, the -- the sequester, which he denied was his idea, but bob woodward called him on that, and they add -- admitted, yeah, i proposed it, but as a deadline, i didn't think it would ever come into being, he said, but if it did

not, if the congress copitchlated the republicans and had a plan to spend a couple trillion more according to my plan for the country, there was not going to be a sequester, but if it does, i'll have the executive privilege of deciding where the cuts will be, and, of course, he's cutting where they hurt the most by design. neil: you know, the media let him do that. they didn't look into it. >> yeah. neil: i know your buddies, stand out like a sore thumb in the industry, didn't call him on it, and a lot of them knewit. i spoke to many, neilings you're right, he pulled fast one. go on the air and say that. why is that? >> there is -- there is an intimidation factor and ridicule factor, and, listen, have you read this book "rules for radicals"? >> i have, i just don't want to go down the alley because i know you feel strongly.

>> you know then. neil: you don't have to assign those motives to him to assign queson marks to his economic stewardship. >> but this has to be a reasoning for why he does what he does, which he's -- neil: i think he's a smart guy, this is a weak area. i do. you were to ask me medical questions, i'm not great. >> no, but -- kneel feel it's a weakness, and what's odd and ironic about that, he has the most effect on economic issues about what he knows very, very little. >> true, but, but i think he's a brilliant guy, and i think he knows what he's doing, and he's doing it by design because he has a plan, which he thinks is good for america, vr -- virtually socialist nationin this nobody gets rich, government is in charge of everything. neil: he's just going after you, pat. >> i am a target. i was on his enemy's list in the

first year of his presidency. neil: don't worry, after this segment, you're back on it. pat, a pleasure, my friend. hang in there, thank you, you look great, stay great. >> thanks, neil. neil: pat boone. all right, look under the hood of what's going on with transportation secretary ray lahood. >> this is going to have an enormous impt. we're going to reduce the number of controllers, which will reduce the -- their ability to guide plaps in and out of airports. there's going to be very painful for the flying public. the people are delayed at airports, an their flights are delayed 90 minutes or fligts are canceled or their air tower is closed. ♪ neil: why, i ought to -- the state department 48 billion in stimulus is now short on cash. i don't get it. ♪ [ male announcer ] from the way the bristles move to the way they clea

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>> when it comes to the sequester, why close towers rather than cutting things like the large travel budget within the faa? >> look it, we've taken a very comprehensive approach here, and what we've done is we've looked at every contract. we have looked at every expense. we have looked att everything. we are makingreductions everywhere including in travel. neil: transportation secretary ray lahood says the sequester cueses -- causes him to cut everywhere and the stimulus said he was hiring everywhere. >> we spend 48 billion and put 65,000 to work and 15,000 projects in two years. i'm proud of that. neil: the pretty ser prize, a caller, and, i hate to break it to you, but you won't get one because the people who control it don't admire the questions

you ask. i certainly do. you were really just trying to get to the bottom of the silliness here, then as now, more silliness. what's going on? >> well, so far, we've heard that the faa is going to furlough employees up to 11 days, and, also, closs over 200 air traffic control towers, so they are the two major reductions that we're hearing from within the department of transportation, so i asked ray lahood, the secretary, you know, if they are going to cut other things instead. why are they doing major cuts like that when they could cut the travel budget whic is almost $180 million a year for faa employees, and, now, he says they are going to take a comprehensive approach and cut everywhere. neil: but, you know, all of the administrations -- you've been following this, and, i mean, arnie duncan, overstated

hundreds of thousands of mentally ill patients would not get their medications, walking the streets unmedicated, and times square new york, there's no way to distinguish it. i have no idea if that's the case. they scare the you know what out of us, you call them on it, they more or less say it's true, the cutsre coming, it's bad, doing all i can to avoid it, but in the process, they still push that same scene, and it's wrong; right? >> well, this is a same agency that spent $48 billion in stimulus funds in 2009 within two years, starting in 2009, so, -- neil: thanks were hunky dory. >> now it's the opposite. i expected him, neil, to continue with the whole, ou know, we don't want to do this. this is the bad thing. we have to do it. he didn't go into that. he said, look, it's a

comprehensive apropose, cut everywhere, and, neil, i want to see those cuts. that's the issue here. we've only heard about two. the air traffic control toers, furloughing employees, the republicans in the house, on the house budget committee acceptability him a letter, ray lahood, and said why are these decisions being made? why are you cutting these areas? we want to see specifically what is being done and why areas like i mentioned in the travel budget, why those types of things are being cut, but it sounds like they are coming because ray lahood says we are cutting everywhere. neil: i admire your tenacity, nick, to do that. a personal question, now, he has security around him. i mean, when they see you, are they like, reaching for stuff, or what happens? >> sometimes it's tough to get to, especially the cabinet cretary because they have large security details. this event, actually, he was coming out, and a bunch of

reporters were gathered around so he stopped and kind of did a little bit of a press -- neil: icidentally, you got right in. your vision is not good, and then, like, oh, my god, it's this guy again. you are to be commended. i wish jurnalists asked these questions. if you say it in public, madam secretary, mr. secretary, mr. president, follow-up. we want to know what's beginning on. you're doing that, sadly, alone. nicholas, thank you very much. >> thank you so much, neil. neil: nanny state taking place as states take up bans op everything in sight, but one guy is fighting back. so let's break down this play. charles? uh, charles couldn't make it. his single miles card blacked him ou here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts.

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tony smith pushes the anti-bloomberg bill. that effectively bans its state from enacting, well, any ban, fatty food, drink bans, anything, stops it. he's he's, and hpes the plan goes national. >> senator, i applaud the effort. i don't know how far you go, but hope springs e term after the smash down on the mayor for the big gulp. be specific, what you want, a ban? i want to be clear >> well, neil, we just wanted to do a preemptive bill that prevents individual municipalities in the state from implementing regulations, mainly food regulations, say at a restaurant, sort of modeled after what the bloomberg bill tried to do in new york. we just don't think municipalities should have that authority to reach into a legal business and place more regulation op them that's already controlled by the health department, usda, there's plenty of regulation for everybody.

neil:the argument for what mayor bloomberg did, for example, senator, when he went after saturated fats, i think, some years back, and that was argued unchallenged because of the medical connection that he was trying to get rid of in new york were really d. now, you can make a different argument that the sodas or the size he's trying to ban, the causal effect that tat's facetious. were you throwing the baby out with the water when you banned the bans assuming the laws and regulations that are in effect are good enough? you seemto say they are. >> we reserve the right to the state legislator. if there's an implementation, it's statewide, nota hodgepodge of regulations take place. we believe there should be, you know, common across the state.

what's in one city should apply across the state. as a restaurant owner and multiple locations, it would be difficult for me to operate in my hometown, and if i choose to go to the another city with different regulations, i don't know how we could do that. it would be exceptive for the owner -- expensive for the owners to have nutritional information on their menus, maybe reformulate recipes. neil: menus, calorie counts, than they are been proved way off. >> that's right. recently, fda said it's so out of hand, they don't know if they can do that. let me remind you, though, that the bill does not take away current stipulations. if you have 20 # units or more, you have to provide all of the information. we're not taking away that. neil: just not piling on on top. i see. >> exactly. we want you to come to mississippi and operate your business with the least amount of intrusive government as possible, and i am proud of the

state for taking the role, the lieutenant governor of mississippi made us a business friendly state. we invite you to be a part of mississippi. neil: you have great food. i will say that. thank you very much, sir. we'll see what happens. >> thank you, ne. neil: all you need to know, why in apple needs to fix it. look at your tv, samsung has look at your tv, samsung has been pouring all stations come over to mission a for a final go. this is for real this time. step seven point two one two. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers.

neil: remember when apped told the world it was cool? well, now samsung is doing it to apple spending $68 million more than apple on ads pumping up its

tablets and phones and so much more. it seems to be working because buzz about tomorrow's samsung phone unvailing. if they want to stop the moe men temperature, tap into the 137 # billion cash pile, they are not doing it as aggressive as you'd think, why not? >> well, i think the u.s. wiress market is nearing saturation, and the opportunity is less in theist. apple is nope for innovation. innovation in the u.s. is limited. neil: don't you have to advertise that? try at least? >> i think big problem is that, you know, they're not built on open source operating system, and they are taking advantage of it. >> well, you know, apple has not had to advertise as much as apple in the past beuse they have been so cool that they -- neil: they bought in on that. >> they are losing the cool

factor, the innovation lead to samsung and other companies. neil: didn't they just dismiss it, like, oh, please? >> well, the marketing chief of apple just scheduled an interview with the "wall street journal" and other outlets this afternoon very defensive, this is rare for apple. they don't schedule interviews out of nowhere. they are doing it because they are scared of samsung, and they said, why android is not great and why samsung is inferior to apple. read between the lines, they are concerned. >> now, obviously, consumers shop with their own sense of things, thinking, well, the samsung stuff is not bad, cool too. >> i think people are getting -- neil: what's that mean for apple? >> well, i think apple needs to rethink its strategy in innovation. apple's vision statement is to deliver the best experience to people around the world, and they are not doing that. they are -- their price point